Oil Prices Are Only Going in One Direction

(Bloomberg Opinion) — This was supposed to be a time when things were getting closer to normal for OPEC. A recovery in oil demand after the first wave of the pandemic, coupled with a deep slump in U.S. production, was meant to leave the world needing more of its members’ crude. But it isn’t turning out like that.

Two things have conspired against the Organization of Petroleum Exporting Countries. The coronavirus outbreak is threatening to put an already stalling recovery in oil demand…


Source link

About search

Check Also

How the jury is being selected in Trump's hush money trial – Yahoo! Voices

How the jury is being selected in Trump's hush money trial – Yahoo! Voices

[unable to retrieve full-text content]How the jury is being selected in Trump’s hush money trial  Yahoo! …

Leave a Reply

Your email address will not be published. Required fields are marked *